#市场观察 The overnight market is once again a grand show. BTC, ETH, and SOL all surged, and the Fed sent out favourable information, with job vacancy data rising directly boosting confidence; the rhythm is simply smooth.

However, the real reversal king is PIPPIN, with a market cap soaring to 300 million, a daily increase of 74%, and the funding rate has turned positive. This kind of super reversal was indeed unexpected. In comparison, the WET project on the SOL chain is somewhat amusing, having risen over 100% from the public sale, and the market maker background is easily seen through; this playbook is quite familiar.

Interestingly, Bitwise's index fund has been launched, including BTC, ETH, XRP, SOL, ADA, LINK, LTC, SUI, AVAX, DOT, but it does not include doge, which may not meet the criteria.

Speaking of the TRUMP meme coin, it's going to launch a mobile game, and as a result, the coin price spiked and then fell back. Projects like this are indeed becoming more and more elaborate, but the popularity comes quickly and goes just as fast. On the other hand, the ETH long position held by that insider whale with ID 1011 has a floating profit of 16.8 million USD, which is a rare operation that is actually profitable while being popular.

The Fed's interest rate meeting is coming Thursday morning, and the volatility will definitely increase. Keep your hands steady and don't get dizzy from the market fluctuations.